6 days Ago By ABMN Staff
Geode Capital Management LLC lifted its holdings in shares of Warby Parker Inc. ( NYSE:WRBY – Free Report ) by 1.4% during the fourth quarter, HoldingsChannel.
com reports. The institutional investor owned 1,997,624 shares of the company’s stock after acquiring an additional 27,004 shares during the quarter. Geode Capital Management LLC’s holdings in Warby Parker were worth $48,375,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently made changes to their positions in the stock. Vaughan Nelson Investment Management L.P.
boosted its stake in Warby Parker by 3.5% in the 4th quarter. Vaughan Nelson Investment Management L.
P. now owns 2,645,540 shares of the company’s stock worth $64,047,000 after purchasing an additional 89,835 shares during the period. State Street Corp boosted its holdings in Warby Parker by 3.
2% in the 3rd quarter. State Street Corp now owns 2,209,025 shares of the company’s stock valued at $36,073,000 after purchasing an additional 69,108 shares during the period. American Century Companies Inc.
increased its holdings in shares of Warby Parker by 64.7% in the fourth quarter. American Century Companies Inc.
now owns 2,144,422 shares of the company’s stock worth $51,916,000 after purchasing an additional 842,558 shares during the period. Bank of New York Mellon Corp boosted its stake in Warby Parker by 19.6% during the fourth quarter.
Bank of New York Mellon Corp now owns 1,632,341 shares of the company’s stock valued at $39,519,000 after buying an additional 268,025 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in Warby Parker by 1.
9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 742,550 shares of the company’s stock worth $17,977,000 after buying an additional 13,501 shares in the last quarter.
93.24% of the stock is owned by institutional investors. Analyst Ratings Changes Several research analysts have recently commented on the company.
Evercore ISI reissued an “in-line” rating and set a $23.00 price objective on shares of Warby Parker in a report on Friday, January 17th. Morgan Stanley upped their target price on shares of Warby Parker from $17.
00 to $23.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 21st. Citigroup restated an “outperform” rating on shares of Warby Parker in a research report on Friday, February 28th.
Telsey Advisory Group reiterated an “outperform” rating and set a $28.00 price objective on shares of Warby Parker in a research report on Thursday, February 27th. Finally, Stifel Nicolaus dropped their target price on Warby Parker from $25.
00 to $18.00 and set a “hold” rating for the company in a research report on Thursday, April 10th. Six investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock.
According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $22.71. Warby Parker Stock Performance NYSE WRBY opened at $14.
92 on Tuesday. Warby Parker Inc. has a fifty-two week low of $11.
66 and a fifty-two week high of $28.68. The stock has a market cap of $1.
55 billion, a P/E ratio of -55.26 and a beta of 2.00.
The stock has a 50 day simple moving average of $20.90 and a two-hundred day simple moving average of $21.65.
Insider Buying and Selling In other news, CFO Steven Clive Miller sold 11,684 shares of Warby Parker stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $23.52, for a total value of $274,807.
68. Following the completion of the transaction, the chief financial officer now owns 204,727 shares of the company’s stock, valued at $4,815,179.04.
The trade was a 5.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website .
Also, CEO Neil Harris Blumenthal sold 27,967 shares of the company’s stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $23.52, for a total transaction of $657,783.
84. Following the completion of the transaction, the chief executive officer now owns 23,961 shares in the company, valued at approximately $563,562.72.
The trade was a 53.86 % decrease in their position. The disclosure for this sale can be found here .
Insiders sold 89,651 shares of company stock valued at $2,313,092 over the last quarter. 26.55% of the stock is owned by company insiders.
Warby Parker Company Profile ( Free Report ) Warby Parker Inc provides eyewear products in the United States and Canada. The company offers eyeglasses, sunglasses, light-responsive lenses, blue-light-filtering lenses, non-prescription lenses, and contact lenses. It also provides accessories, such as cases, lenses kit with anti-fog spray, pouches, and anti-fog lens spray through its retail stores, website, and mobile apps.
Further Reading Want to see what other hedge funds are holding WRBY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Warby Parker Inc. ( NYSE:WRBY – Free Report ).
Receive News & Ratings for Warby Parker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Warby Parker and related companies with MarketBeat.com's FREE daily email newsletter ..
